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Regarding the issue of pricing – doing a little math helps anchor the debate. GW Pharma’s trial showed you need A LOT of CBD to decrease seizure frequency.
Typical 12-year old = 40 kg
GW Pharma recommended dose = 10 mg / kg / day = 400 mg / day (this is 40x the amount of a typical THC dose [10mg])
400 mg / day * 365 days / year = 146,000 mgs / year
Typical CBD pricing from a dispensary = $0.12 / mg
Total cost if you went to a dispensary instead of GW = $17,520 per year
So, if GW Pharma goes with a pricing of $25,000 per year, their markup is relatively close to that of a typical dispensory. I’m sure their production costs are higher than the typical grow operations since it’s regulated by the FDA. I found the math surprising and it made the $25,000 – $50,000 per year number often quoted as a target price seem not as outragous.
Thanks!
A possible way to push the DEA would be a citizens lawsuit accusing the states of allowing easy access to minors of cannabis and cannabis product because of weak state laws, not hard to imagine in the present business environment.